Oracle 1Z0-1054-26 : Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional

  • Exam Code: 1Z0-1054-26
  • Exam Name: Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional
  • Updated: Aug 08, 2026

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Oracle 1Z0-1054-26 Exam Syllabus Topics:

SectionObjectives
Journal Processing- Journal creation and approval workflows
- Recurring journals and allocations
- Journal import and automation
Security and Controls- Role-based access control in General Ledger
- Audit and compliance controls
Period Close and Reconciliation- Period close process in General Ledger
- Account reconciliation and balancing
Financial Reporting- Real-time reporting and analytics
- Financial Statement Generator (FSG) and reporting tools
General Ledger Configuration- Chart of Accounts structure and segments
- Ledger setup and accounting configuration
- Accounting calendar and currency setup

Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Sample Questions:

1. You need to set up a calendar for the year Apr-XX to Mar-YY where YY is the following year, and you would like the periods to be named according to the year they fall in.
What format should you choose?

A) Calendar Year
B) Period
C) Year
D) Fiscal Year


2. InFinancial Cloud, which three reporting tools can be used to accessGeneral Ledger balances?

A) Financial Reporting Studio
B) Smart View
C) Oracle Transactions Business Intelligence
D) Application Composer
E) Oracle Enterprise Repository


3. In a primary ledger, under the System options, in the Close section, the " Prevent General Ledger Period Closure When Open Subledger Periods Exist " option has been selected.
For which subledger can you opt out of the Period Close Checking feature by using the ORA_GL_INCLD_STRICT_PRD_CLOSE lookup?

A) Accounts Payable
B) Lease Accounting
C) Order Management


4. Users with the General Accountant job role have reported that they are unable to access the UK Ledger. They require read/write access to the full ledger. The accounting configuration completed successfully.
What should you do to allow access to the ledger?

A) Assign the security context value of UK Ledger to the user/role combination.
B) Assign the General Accounting Manager role to those users.
C) Create a data access set that allows access to the UK Ledger.
D) Assign the UK reference set to the user/role combination.


5. What type ofusermust be defined before you can create anImplementation Project?

A) All roles that will be used throughout the implementation
B) None. The Fusion Applications Superuser, FAADMIN, has full access to create an Implementation Project.
C) A full-time employee that has the FSM Superuser role assigned
D) None. The OIM system administrator user ID, XELSYSADM, which is assigned by the person provisioning the system, has full access.
E) Implementation Users


Solutions:

Question # 1
Answer: D
Question # 2
Answer: A,B,C
Question # 3
Answer: A
Question # 4
Answer: C
Question # 5
Answer: B

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